Lease-End Options | Punta Gorda FL
At the end of your lease but not sure where to go from here? We can help. Below you'll find our condensed guide to our leasing options, where you’ll find an explanation of what a lease is, the benefits of leasing and what your lease-end options are with us. Leasing may not be the best fit for everyone, so feel free to take advantage of this guide to decide whether leasing is right for you. Keep scrolling to learn more:
Many people don't know that a lease gives you the advantage of being able to drive a new Lincoln without the hassles that come with owning a vehicle. You’ll make monthly payments for around two or three years, based on your lease agreement, and return your model once your contract is up. New models depreciate quickly, so your monthly payments eventually even out the vehicle’s depreciation. Leases come with annual mileage limits, and range from 12,000-15,000 miles a year. If you want or need more mileage, we give our customers the option to add more at an additional charge.*
Luckily, your lease payments are generally going to be less than financing monthly payments, and the down payment should be lower as well. Additionally, because your lease contract often parallels the same duration as a new car warranty, you’ll lease the vehicle and have major repairs and replacements covered. The bottom line: you’re only financially responsible for routine maintenance (such as oil changes, alignments, tire rotations). Everything else will be covered under the manufacturer’s warranty for the length of the lease.
When you lease instead of buy a vehicle, you’re gaining flexibility and convenience. Not only will you get to upgrade to a new Lincoln every few years, but you won’t have to navigate the hassle of selling or trading your model in. The latest technology updates, innovations in safety and upgrades in comfortable materials can be yours, but without being tied down to owning a vehicle.
Your Lease-End Options
When your lease is up, you’ll have three options to choose from:
If you've loved your Lincoln after your lease but you aren’t sure if you’d like to purchase it, it's as easy as returning the model to our dealership and paying any applicable fees. Or, if you'd like to upgrade to the newest edition of the model you’ve had (or if you’re ready to try another model altogether), simply trade in your Lincoln for a different one. But if you’ve fallen in love with the Lincoln you’ve had for years, you can offer to purchase your vehicle at the end of your lease.
For more information or to discuss your lease-end options further, contact us today or stop by our dealership at 2021 Tamiami Trail, Punta Gorda, FL 33950. And don't forget to check out our current new car specials to see if you could get an exceptional lease offer on the Lincoln you want. We look forward to serving our customers near Port Charlotte, North Port, Venice and Fort Myers.
*According to Edmunds.com. Please visit this link for more information.2021 Tamiami Trail, Punta Gorda, FL 33950